Discover new knowledge and insights with IDNLearn.com's extensive Q&A platform. Join our community to receive timely and reliable responses to your questions from knowledgeable professionals.
Sagot :
Well, the first 16 were about 16*75=$1200 extra. The last 8 were $720 lost. Thus, the total profit is $480. He bought them with $7200, which means the profit is around 6.67%.
Answer: A salesman bought 2 dozen television sets at $300 each. He sold two-thirds of them at a 25% profit but was forced to take a 30% loss on the rest. what was his total profit(or loss) on the television sets?
----
Original cost 24*300 = 7200
----
Profit: 0.25*(2/3)24*300 = 1200
---
Loss: 0.3*(1/3)24*300 = 720
----
Total profit = 1200-720 = $480
Step-by-step explanation:
We value your presence here. Keep sharing knowledge and helping others find the answers they need. This community is the perfect place to learn together. Thank you for trusting IDNLearn.com with your questions. Visit us again for clear, concise, and accurate answers.
